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Lewis Silkin advises Proman Group on dual acquisition

16 September 2015

Lewis Silkin has advised Proman Group, the fifth largest recruitment agency in France, on its acquisition of supply chain specialists HEADS Recruitment Limited and HEADS Engineering Limited.

Lewis Silkin has advised Proman Group, the fifth largest recruitment agency in France, on its acquisition of supply chain specialists HEADS Recruitment Limited and HEADS Engineering Limited.

The acquisitions embody the company’s commitment to international development which has already seen the opening of offices in Switzerland and, earlier this year, in London. Proman which was founded in 1990, has always been owned by the Gomez family and currently has 250 offices across France and a turnover in excess of 970,000,000€. Proman aims to achieve 30% of its turnover from its international offices in the near future. The turnover of the Heads group - which is also a family group, owned by the Gorton family, is around 100,000,000€.

For the transaction, the cross-departmental Lewis Silkin team was led by corporate partner & Head of the French Desk Marie-Caroline Frochot supported by corporate tax partner Matthew Rowbotham, corporate senior associate Laura May, corporate associate Susie Jarrold, real estate associate Hannah Vosper, employment associate Lee Nair and IP & technology associate Sarah Lampard as well as French desk team member Béryl Dupré de Puget. The team worked closely with Proman’s French Legal Counsel, Patrick Dupire and Isabelle Grimaud of Cabinet Dupire and with Proman‘s internal teams.

The deal adds to the growing number of transactions completed by Lewis Silkin’s dedicated French desk so far this year.

Marie-Caroline says:

“We are extremely pleased to have supported Proman on these key acquisitions as part of their international expansion plans to open 350 offices. These transactions illustrate how Lewis Silkin’s dedicated French Desk integrates seamlessly with other teams for the benefit of our clients”.

Roland Gomez, Managing Director of Proman Group says:

"I wish to thank the Lewis Silkin team for their commitment to getting the job done and completing the transactions in due time. It proved invaluable for us to have the French Desk team’s assistance in navigating through the legal, technical and cultural aspects of UK transactions for these acquisitions which follow our recent entry into the UK as part of Proman Group’s growth strategy in Europe".

 

For further information please contact:

Chris Yates
Business Development Executive, Lewis Silkin
Tel: 020 7074 8388
Email: chris.yates@lewissilkin.com

Scott Addison, Anna Younger or Tal Donahue
Infinite Spada
Tel: 020 7269 1430
Email: lewissilkin@infinitespada.com

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